Bellway p.l.c. (OTCMKTS:BLWYF) Short Interest Update

Bellway p.l.c. (OTCMKTS:BLWYF) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 168,590 shares, an increase of 24.6% from the February 12th total of 135,347 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of Bellway in a research report on Tuesday, December 9th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Bellway Price Performance

Shares of BLWYF stock opened at $35.50 on Tuesday. Bellway has a 12-month low of $31.44 and a 12-month high of $35.78. The firm has a 50-day moving average price of $35.50 and a 200 day moving average price of $34.40.

Bellway Company Profile

Bellway plc (OTCMKTS: BLWYF) is a UK-based residential property developer and housebuilder. Founded in 1946 and headquartered in Newcastle upon Tyne, the company specializes in the design, construction and sale of a wide range of new homes across the United Kingdom. Its product portfolio includes apartments, terraced, semi-detached and detached houses, catering to private buyers as well as the affordable and shared-ownership housing sectors.

Bellway’s operations extend across England, Scotland and Wales, supported by regional offices responsible for local land acquisition, planning and development.